One of the best growing business models is a subscription-based one. Every year millions of customers in any part of the world subscribe to something that will be useful for them. For a new business looking to shift to a subscription model, things will get a bit challenging.

Therefore, having subscription management software is incredibly important for any business. It helps you track all the subscriptions and payments that will be made. So if you are looking for top subscription management software, you are in the right place.

Top 5 Best Subscription Management Software

  1. Chargebee – Best for e-commerce business
  2. Chargify – Best for B2B SaaS
  3. Zuora – Best for advanced customers insights
  4. Stripe – Best for building a strong management infrastructure
  5. 2Checkout – Best for global sales

1. Chargebee – Best for E-Commerce Business

Pricing: Starts at $0 per month

If you are a new business that hasn’t earned any revenue through its subscription model, Chargebee is the best management software for you. You can opt of the $0 per month plan, and the software doesn’t charge you anything till you earn $100k in revenue. After that, things change, and you will shift to the regular plan of your choice.

It is the best subscription management software due to its integration with other third-party apps that are popular for e-commerce. This makes it easier for you to charge payments without long verifications and authorizations.

If you face any problem regarding any feature, you can always contact Chargebee’s reliable customer. If you are an enterprise, you can always opt for the custom plan that allows you to design your plan according to your requirement.

Key Features

  • Product catalog
  • Accounting integration
  • Sales tax automation
  • Custom domain
  • Advance invoices
  • Analytics
  • Multi-language support

Reasons To Buy

  • It gives you the total control of your business
  • The insights provided by Chargebee help you grow your business on a bigger scale
  • Improves cash flow
  • Secure billing

Reasons To Avoid

  • Doesn’t properly update ACH invoices

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2. Chargify – Best for B2B SaaS

Pricing: Starts at $599 per month

Best for SaaS businesses, Chargify is the only software that your business needs. Using Chargify gives you a competitive advantage in the market and takes you two steps ahead of your competition.

This software makes it very easy for you to track all the payments that let you keep your accounts managed. In addition, Chargify simplifies your revenue stream by providing convenient, automated invoices.

In addition, Chargify provides you with a list of all your current customers that helps your business calculate estimated revenue for a time period.

Key Features

  • The ability to use specific data is a selected system
  • Automated billing system
  • Event-based billing
  • Uses the right combination of pricing and product to attract more customers
  • Accelerates revenue of your business

Reasons To Buy

  • An entire automated system makes everything easier for your business
  • Easy to use
  • Interactive customer support
  • Advanced functionality
  • It helps you manage all the client accounts
  • Perfect for B2B SaaS startups

Reasons To Avoid

  • It may be not very easy for new users to understand their system at the start

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3. Zuora – Best for Advanced Customer Insights

Pricing: 2.9% + $0.30 per successful sale

Zuora is one of the leading subscription software management tools that help your business deeply dive into the market—providing your business with advanced analytics that help you keep up with all the market trends. It is cloud-based software that works to record all the subscriptions of businesses in a specific industry.

The reputation of Zuora in the global market is at its peak. It offers services to more than 1,000 companies all around the world. Some companies are Schneider, Siemens, Zoom, Xplornet, Ford, Box, and many others.

The Zuora software is designed in a way that is specifically for dynamic businesses. This makes it easier for you to cope with the market dynamics.

Key Features

  • It helps calculate key metrics
  • Usage tracking
  • Quote-to-cash application
  • Usage-based pricing strategy
  • Provides a vast dataset
  • Minimize churn rate

Reasons To Buy

  • Perfect for enterprises
  • It doesn’t require any effort from your side
  • All the information is provided on one platform
  • The software has evolved a lot in the last few years compared to its competitors

Reasons To Avoid

  • Too complicated for new startups
  • Getting a quotation is a lengthy process

» MORE: Top Software for Supplier Management

4. Stripe – Best for Building A Strong Management Infrastructure

Pricing: Contact Sales

The Stripe subscription management software is one of the best for international transactions. Used by thousands of businesses globally, it is perfect for businesses of all sizes.

With various integrations, Stripe has made it easy for your business to collect credit card payments without long, time-taking verifications. In addition, Stripe creates such a management infrastructure that makes any chances of fraud impossible, making it extremely secure to use.

Manage all your business subscription activities on a single platform and track all the payments and invoices. In addition, if you want to make automated payments easier, you can always integrate Stripe with SurveySparrow.

Key Features

  • Enable mobile payments
  • ACH payment process
  • Reliable and trusted support team
  • Fast payment receiving time
  • Activity-based pricing
  • PCI Compliance
  • Control payout time
  • Supported by iOS and Android

Reasons To Buy

  • Let’s you control everything on a single platform
  • Provides a perfect management infrastructure
  • Can receive payments in up to 135+ currencies
  • Per transaction pricing
  • Radar in the software helps detect and block any possible cyber threat

Reasons To Avoid

  • Price may seem high for small business

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5. 2Checkout – Best for Global Sales

Pricing: 3.5% + $0.35 per successful sale

Offering B2B and B2C services globally, 2Checkout, you can easily manage your subscription billing conveniently. In addition, 2Checkout gives the control to manage everything for your client, even if it’s a first-order, renewal, or upgrading.

2Checkout is popularly known as the best monetization platform for global sales. Other than billing, you can enjoy a combination of products from 2Checkout. Some of them include fraud prevention, analytics, and even market automation. Using these products helps maximize the revenue of your business and reach a broader target audience.

Are you looking for a perfect billing system? Well, you can always subscribe to 2Checkout and get started. Using 2Checkout management software not only it is easier for you to use it. But for your customers, it is also easier to subscribe and make payments.

If you are new to e-commerce and have the vision to make your company the best out of all, 2Checkout will surely help you achieve that. It has been helping businesses worldwide and taking them a step closer to future sales.

Key Features

  • Customizable invoices
  • Mobile payments
  • Advanced rating engine
  • Accepts global payments
  • CPQ capabilities
  • Account updaters
  • Churn prevention

Reasons To Buy

  • It contains countless tools that work to make everything simple for you
  • Offers error-free quotes
  • The extreme flexibility of product and pricing
  • Always tracks your billing schedules
  • It helps uplift your revenue
  • This one of the only software that works in increasing your revenue at such a good scale
  • Future of digital e-commerce
  • It helps you operate in over 200 countries

Reason To Avoid

  • Only use it when your business can handle such a global expansion

» MORE: Best Reference Management Software

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